Exhibition promote eastern opportunities
A
Fastener Fair product story
Edited by the Engineeringtalk editorial team
Apr 7, 2008
There has recently been a great deal of activity in eastern Europe, providing fastener and fixing companies with new opportunities.
The Fastener Fair Budapest exhibition, taking place on 22nd and 23rd September, 2008 at Budapest's SYMA Event Centre, is aimed at helping western European and international exhibitors take advantage of the new opportunities in eastern Europe, which have come about as a result of the increasing costs of doing business in the Far East.
There has recently been a great deal of activity in eastern Europe, providing fastener and fixing companies with new opportunities.
A key reason, according to show organiser Jerry Ramsdale, is changes taking place on the other side of the world.
"We're seeing something of a reversal, in which major producers are rethinking the conventional wisdom that in order to be competitive they have to relocate production and assembly to the Far East", Ramsdale said.
"People are looking at China, for example and seeing big increases in raw material costs; sea freight to Europe more than doubling in price last year; plus labour costs set to increase by 40% in 2008 as a result of skills shortages and new labour laws".
The positive effects on eastern Europe are clear to see: Peugeot Citroen, for example, has increased production at plants in the Czech and Slovak Republics.
Nokia is closing a factory in Germany and opening a new plant in Romania, while Daimler is reported to be choosing between Poland and Romania to locate a new Mercedes car plant.
Slovakia will soon have the highest per capita output of cars in the world, while also in that country Samsung is adding an LCD plant to its existing computer monitor and television factories.
Romania attracted US $9 billion in foreign direct investment in 2006 alone, while Croatia is committed to achieving European Union entry standards by end of this year.
Also in 2008, the Ukraine is expected to ratify World Trade Organisation membership, paving the way to more open trading relationships with the regions and the rest of the world.
And in addition to all these developments, construction is burgeoning throughout Europe's 'near East'.
Hungary, whose exports grew by 18% in 2006 and 15% in 2007, is at the geographical and business heart of all these developments, which is why its capital, Budapest, is hosting this new Fastener Fair venture.
"The event has been developed to be both cost and time effective for exhibitors", says Ramsdale.
"It's a fly in, fly out exhibition, with a straightforward selection of stand options to provide exhibitors with hassle-free preparation, with no stand being larger than 20m2".
And, as with all other Fastener Fair exhibitions around the world, informal networking will be a key part of the Budapest show, with the highlight being an evening river cruise on the Danube on the first night of the show.
Not what you're looking for? Search the site.
Google Ads
Contact Fastener Fair
Related Stories
- Parker opens new store in Gillingham
- National Instruments - latest company news
- Our new lead generation service!
- Schaeffler - latest company news
- Leuze Electronic - latest company news
Articles by product category
- Consultancy and Services (903)
- Machine Building (4,517)
-
Engineering Design Software (6,179)
- Engineering Design Software (12)
- 2D CAD software (200)
- 3D CAD software (1,157)
- FEA and structural analysis software (369)
- Fluid, thermal, noise, vibration software (334)
- Simulation, modelling, validation software (914)
- Rendering, visualisation, styling software (196)
- Materials design and moulding design software (151)
- Process, instrumentation, automation software (258)
- Electrical design software (164)
- Publishing and documentation software (229)
- Maths, charting, statistics, QA software (317)
- Data, document management software (310)
- CAM, CNC, production management software (568)
- File conversion software, data capture (351)
- PLM and collaboration software (649)
-
Drives, Motors and Controls (3,361)
- Drives, Motors and Controls (1)
- Precision Motors and Gears (411)
- Industrial Drives/Controls (1,276)
- Linear Drives and Motors (114)
- Industrial Motors (497)
- Stepper and Servo Drives, Motors, Controls (1,060)
- Small Mechanical Components, Joining, Tools (1,975)
-
Control and Instrumentation (5,028)
- Plantwide control (1,324)
- Plant- and Machine-Wide Communications (1,174)
- Smaller-Sized PLCs (387)
- CNC and Motion Controllers (184)
- Mid-range and Large PLCs (201)
- Power Supplies, Uninterruptible Power (562)
- HMIs/Operator Interfaces (294)
- Logic Controllers, Timers and Relays (96)
- Cabling, Conduit, Signal Conditioning (806)
-
Monitoring, Measurement and Quality (5,459)
- Monitoring, Measurement and Quality (1)
- Data acquisition Software and Communications (494)
- Data Acquisition Hardware and PC I/O Boards (472)
- Electrical and Electronic Testing, PAT Equipment (630)
- Form/co-ordinate, optical, vision instruments (703)
- Gauges, Indicators and Instruments (440)
- Data loggers (422)
- Materials testing equipment (421)
- Telecomms/network test equipment, software etc (154)
- Testing and Calibration Services and Information (500)
- Testing, analysing and monitoring equipment (1,222)
-
Electrical and Electronic Equipment Design (4,160)
- Batteries, chargers and circuit protection (555)
- Connectors, Terminals, Busbars, Slip Rings (679)
- Enclosures and Equipment Cooling Fans (709)
- Knobs, Handles and Enclosure Hardware (420)
- PCs and Embedded Systems (798)
- Electrical and Electronic Subassemblies (369)
- Electrical and Electronic Components (630)
-
Materials and Processing (2,963)
- Materials and Processing (5)
- Materials and components (2,215)
- Rapid Prototyping (458)
- Materials processing and testing (285)
-
Engineering Industry News, Resources (6,093)
- Engineering Industry News, Resources (4)
- Engineering Business News, Views (388)
- Engineering Exhibitions, Events (562)
- Engineering Conferences (425)
- Engineering Seminars (400)
- Engineering Industry Developments, Awards (633)
- Engineering Guides, Newsletters (349)
- Engineering Recruitment, Employment (219)
- Engineering Training Courses (433)
- Engineering Education, Resources, Standards (838)
- Engineering Industry Reports, Surveys (597)
- Electronic Resources for Engineers (278)
- Health and Safety Legislation (402)
- Health and Safety Strategy, Risk Assessment (113)
- Health and Safety Consultancy, Software (175)
- Health and Safety Events, Training, News (277)
-
Powertrain Design (3,598)
- Powertrain Design (2)
- Bearings (939)
- Chains and belts (326)
- Gears, brakes, couplings and engines (1,441)
- Hydraulic Components (471)
- Lubricants (418)
-
Capital Equipment (3,387)
- Capital Equipment (1)
- Manufacturing Machinery and Plant Equipment (468)
- Production line blowers and fans (62)
- Compressors and Air Treatment (510)
- Electronics Manufacturing, Tools, Instruments (192)
- Electrical hardware (131)
- Machinery and Production Equipment (1,093)
- Robotics, Handling and Storage (930)
-
Sensors (7,080)
- Sensors (8)
- Accelerometers and Vibration Sensors (427)
- Loadcells, Force Sensors, Torque Sensors (699)
- Pressure sensors (621)
- Flowmeters and Flow Sensors (618)
- Level Sensors and Leak Detectors (527)
- Linear Position Sensors (399)
- Rotary Position, Tilt and Angular Sensors (546)
- Proximity Sensors (700)
- Gas, Chemical, Radiation, Magnetic Sensors (284)
- Humidity and Environmental Sensors (152)
- Temperature sensors (612)
- Vision and Colour Sensors (1,384)
- Barcode Sensors (103)
- Valves, Pumps, Process Hardware (3,623)
